Good advice!!! although it was NOT allowed
The biggest risk for holding/trading options, are leverage and expiration time.
Options have high leverage which means you could make bigger gain/loss.
Expiration time is very important because you don't wanna buy options when only have few days to trade.
For 88EO, exercise price 2c
Expires in March 2018, still have TWO years to trade providing 88E has no going concern issues.
Current price 4.3c, NO time premium is given.
I reckon it's Low risk to trade options.
88EO options, page-48
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $52.43K | 26.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 28969840 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 680778562 | 227 |
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| Last trade - 13.39pm 11/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |